US stocks open the week lower

Economies.com
2021-03-29 14:29PM UTC

The main US stock indices on Monday, as the coronavirus crisis continues to escalate, in addition to weak performance in several sectors.

 

The Egyptian authorities announced the success of efforts to refloat the Ever Given grounded ship in the Suez Canal, and traffic will get back to normal in hours.

 

The transport and logistics company, Maersk, projected that the impact of the disruption of traffic in the Suez Canal on the global supply chains will last for months.

 

Countries around the world are intensifying their efforts to combat the Covid-19 pandemic with largescale vaccination campaigns, especially in Europe.

 

As for stocks, Dow Jones fell 0.2% or 65 points to 33,006 as of 14:24 GMT, Nasdaq fell 0.8% or 110 points to 13,027, and S&P 500 dipped 0.5% or 22 points to 3,952.

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